The top analyst upgrades, downgrades and initiations seen on this Tuesday include Ambarella, Delta Air, eBay, LinkedIn, Micron Technology and Relypsa.
The fact that Tuesday's terrorist attacks at the Brussels airport brought travel stocks down is no surprise. Nevertheless, there is no indication that institutional investors dumped any major travel stocks that day.
The global airline industry has enjoyed an across the board windfall over the past 12 months, as both the price of crude and jet fuel have collapsed.
For the second week in a row, the insiders at major companies have decided that the markets have moved high enough that it is time to take some money off the table.
Despite improved bottom lines, a number of the major airline stocks have been down of late. This isn’t necessarily a bad thing, however.
Indiscriminate selling leads to everything being sold, even if there is absolutely no reason for it. Panic leads to margin calls, which lead to flights to safety, which usually proves to be…
How did America get to the point where it flies 200 million people a year, , the equivalent of about a third of the U.S. population?
Delta Air Lines reported fourth-quarter and full-year 2015 results before markets opened Tuesday morning.
Paul Ausick 24/7 Wall St. has put together a preview of Netflix, Bank of America and some of the other major companies reporting their quarterly results this week.
The Bureau of Transportation Statistics released its report on November 2015 consumer air travel on Friday, and the two worst airlines for on-time arrivals were both ultra-low-cost carriers.
Virgin Atlantic Airways reportedly is set to announce that the airline will acquire 12 Airbus A350-1000s in an order valued at about $4.3 billion at list prices.
One thing is for sure, the insiders and 10% owners did some late shopping and continued to buy stock this past week at a furious pace.
Boeing shares, which had bounced higher based on announced commitments and sales worth around $11 billion, fell after a tweet from Delta CEO Richard Anderson.
On Wednesday, Delta Air Lines said it will acquire 20 Boeing's 737-900ER passenger jets.
Delta cancels its order for new Boeing 737-900ERs, cost the manufacturer at least $4 billion at list prices.
